I admit, I haven't taken a statistics course since graduate school. But just one question Zaius. Do you ever read the sources you cite?
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Confidence Level"[/FONT]
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The confidence level is the probability value
associated with a confidence interval.
It is often expressed as a percentage. For example, say
, then the confidence level is equal to (1-0.05) = 0.95, i.e. a 95% confidence level.
Example
Suppose an opinion poll predicted that, if the election were held today, the Conservative party would win 60% of the vote. The pollster might attach a 95% confidence level to the interval 60% plus or minus 3%. That is, he thinks it very likely that the Conservative party would get between 57% and 63% of the total vote.
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